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Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
As attention on Chinese startup DeepSeek and its artificial-intelligence model led to a $1 trillion wipeout in the U.S. stock market on Monday, shares of bitcoin miners with exposure to artificial intelligence also tumbled.
DeepSeek's rise triggers 'overdone' selloff in bitcoin mining stocks, analyst says
A wave of selling swept through tech stocks Monday, including numerous bitcoin ( BTC-USD) mining companies that have been branching into AI, triggered by the rise of Chinese AI startup DeepSeek, Still, Piper Sandler argued that the correction in bitcoin miners was overdone.
Core Scientific Top AI Pick in Bitcoin Miners Despite DeepSeek Dislocation: Bernstein
Bernstein remains bullish on Core Scientific (CORZ) even after the shares tumbled 30% earlier this week as Chinese artificial intelligence (AI)
2d
on MSN
Bitcoin has ‘nothing to do’ with DeepSeek. Here’s why its price tumbled anyway.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect ...
coinspeaker
2h
Deepseek & ChatGPT Battle It Out! Which AI Gave the Best Crypto Investment Picks?
This article compares their predictions to find out which AI has the upper hand in identifying winning cryptocurrencies.
CoinDesk
3d
Bitcoin's DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say
Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already ...
decrypt
1d
China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin ...
2d
on MSN
Bitcoin tumbles amid broader market jitters over Chinese AI app DeepSeek
Bitcoin fell 7% on Monday alongside a general slide among tech stocks including Nvidia, as China’s new artificial ...
CoinDesk
3d
Bitcoin Dives to Under $99K as DeepSeek, FOMC Steal Trump Effect
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly ...
2d
on MSN
Did DeepSeek cause crypto to plunge?
OpenAI says Chinese startups, such as DeepSeek, are "constantly" cribbing the tech of leading AI companies in the US to ...
Cryptopolitan on MSN
1d
Goldman Sachs: DeepSeek is triggering a correction, not a bear market
The report comes as tech stocks, led by the Magnificent Seven—think Apple, Microsoft, Google, and their mega-cap friends—take ...
The Financial Express
1d
Bitcoin’s next big rally? DeepSeek AI predicts $250K price target by end of 2025
Bitcoin’s legitimacy or expose its vulnerabilities with governments, retail investors, and institutions shaping its ...
decrypt
2d
Bitcoin Rebounds as DeepSeek Panic Subsides
Bitcoin has climbed back above $102,000 as Wall Street analysts offer measured takes on the Chinese AI startup's market ...
5h
on MSN
Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms ...
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